Zomato Founder Deepinder Goyal Resigns as Eternal CEO

Deepinder Goyal, the founder of Zomato, has resigned as the Managing Director and CEO of Eternal, the parent holding company that oversees Zomato and Blinkit.

The move, announced on January 21, 2026, marks the end of an 18-year executive tenure as Deepinder shifts his focus toward high-risk, experimental ventures in health-tech and aerospace.

Eternal Leadership Handover to Albinder Dhindsa

Effective February 1, 2026, the “center of gravity” for operational decisions will shift to Albinder Singh Dhindsa, the founder and current CEO of Blinkit.

Albinder will serve as the Group CEO of Eternal, overseeing day-to-day execution and strategic priorities.

Deepinder praised Albinder as a “battle-hardened founder,” citing his success in steering Blinkit from a risky acquisition to operational breakeven as proof of his readiness to lead the entire group.

The Rationale: Higher-Risk Exploration

In a candid letter to shareholders, Deepinder explained that his interests have increasingly leaned toward ideas that involve “significantly higher-risk exploration and experimentation.”

He noted that while these projects require his singular focus, they do not fit the strategic or risk profile of a publicly-listed entity like Eternal.

By stepping down, he ensures the company remains disciplined.

This move grants him the freedom to pursue ventures like longevity research, health-wearables, and regional aviation.

Maintaining a “Long-Term” Connection

Despite resigning from executive duties, Deepinder will transition into a non-executive role as Director and Vice Chairman of the Board.

He will remain involved in long-term strategy, culture, and governance.

To demonstrate his continued commitment, Deepinder is surrendering unvested Employee Stock Options worth approximately ₹912 crore.

These options will revert to the company’s pool to incentivize the next generation of leaders without diluting existing shareholders.

Eternal Financial Momentum

The resignation coincided with strong Q3 FY26 results. Eternal reported a 73% jump in net profit to ₹102 crore and revenue soaring to ₹16,315 crore.

Deepinder is departing the corner office at a time of peak operational strength. This leaves the group in a robust position for its next phase of growth under Albinder.

Note: We are also on WhatsApp, LinkedIn, and YouTube to get the latest news updates. Subscribe to our Channels. WhatsApp– Click Here, YouTube – Click Here, and LinkedIn– Click Here.